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Peak3 and DJI Launch Innovative Insurance for Agriculture Drones to Boost Smart Agriculture

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SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Peak3, a leading InsurTech company headquartered in Singapore, has announced a strategic partnership with DJI, the global leader in drone manufacturing, to expand DJI’s Agricultural Drone Insurance program in Thailand. This collaboration marks a significant advancement in fostering smart farming technologies across the region.

Under this new partnership, DJI offers comprehensive drone hull insurance and cost-effective third-party liability insurance with the purchase of agriculture drones. Peak3 streamlines the customer journey through its SaaS technology platform and insurance expertise, working in tandem with DJI to reduce claims costs by 20% to 30% compared to industry standards. Bangkok Insurance underwrites the coverage, ensuring reliable protection for customers.

This initiative represents a major step forward in propelling smart farming innovations across the region while enhancing the financial resilience of farmers. Given the substantial upfront investment required for agricultural drones, embedding insurance for accidental damage helps mitigate financial risks and provides farmers with peace of mind.

Since the launch of its agriculture drones, DJI has sold hundreds of thousands of drones worldwide, including in Thailand, Brazil, the U.S., Mexico, Vietnam, and Indonesia. These drones empower farmers to improve efficiency, conserve resources, reduce emissions, and boost yields, contributing to more sustainable agriculture practices.

This partnership exemplifies the realization of environmental and social benefits through innovative technology and insurance solutions. As DJI continues its growth journey, Peak3 strives to leverage its extensive international network and advanced insurance technology to facilitate similar opportunities in other markets, while bolstering DJI’s expansion and leadership in the global agricultural drone business.

For more information on Peak3, please visit www.peak3.com.
For more information on DJI Agriculture, please visit www.ag.dji.com.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/peak3-and-dji-launch-innovative-insurance-for-agriculture-drones-to-boost-smart-agriculture-302287166.html

SOURCE Peak3

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Diwali Draws Global Crowds to India – Agoda

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SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Digital travel platform Agoda reveals the top searched cities in India for Diwali celebrations, and it’s New Delhi that comes out on top among international visitors.  Goa takes the top spot for domestic travel based on searches made for check-in during the Diwali week celebration. Agoda noted 17% more accommodation searches for Diwali compared to last year’s celebrations.

Diwali, also known as the Festival of Lights, is one of India’s most significant festivals, celebrated with grand festivities, vibrant lights, and cultural events. The festival symbolizes the victory of light over darkness and good over evil, attracting both domestic and international travelers to experience its unique charm.

International travelers showing most interest in experiencing the Diwali celebrations in India come from the United States (#1), United Kingdom (#2), Singapore (#3), Malaysia (#4), and Japan (#5). The top cities in India that inbound travelers are looking to visit for the festivities are New Delhi (#1), Goa (#2), Mumbai (#3), Chennai (#4), and Jaipur (#5). These cities have become focal points for international visitors looking to immerse themselves in the rich cultural heritage and festive spirit of Diwali.

Andrew Smith, Senior Vice President, Supply at Agoda said “Diwali is a time when the world increasingly turns its eyes to India. It comes as no surprise that New Delhi and Goa leading the charge in attracting international and domestic travelers, as both destinations have so much to offer in terms of culture and exploration, especially at this festive time. At Agoda, we love being part of this celebration by helping travelers find the perfect place to stay and experience the magic of Diwali firsthand.”

Domestic travel has seen a 23% rise in accommodation searches compared to last year, with the top destinations for Diwali celebrations being Goa (#1), Udaipur (#2), Mumbai (#3), Pondicherry (#4), and Jaipur (#5). These cities provide a diverse range of experiences, from beachside festivities in Goa to the royal celebrations in Udaipur.

Agoda’s offerings include over 4.5 million holiday properties globally, plus more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in the same booking. Travelers considering a trip to Goa can be inspired via this travel tips page on Agoda’s platform.

— ENDS —

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/diwali-draws-global-crowds-to-india–agoda-302287082.html

SOURCE Agoda

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Cactus Custody Completes SOC 2 Type II Audit, Reinforcing Security Standards in Digital Asset Custody

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SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Cactus Custody (www.mycactus.com), a licensed digital asset custodian under Hong Kong Trust Company (License No.: TC006789) and provisionally exempt from regulation by the Monetary Authority of Singapore (MAS), has completed the SOC 2 Type II audit led by Deloitte. This accomplishment highlights Cactus Custody’s dedication to providing a secure and compliant environment for digital asset management.

The SOC 2 Type II audit reinforces our ability to meet global security standards, giving clients across APAC and beyond confidence that their digital assets are securely managed in line with industry best practices and regulatory requirements.

“The SOC 2 Type II attestation reflects our unwavering commitment to protecting client assets. It strengthens trust and positions us as a reliable partner in digital asset custody. Managing billions in assets for over 300 institutions, we operate under strict regulatory frameworks governing our platform’s architecture, development, and operations,” said Wendy Jiang, General Manager of Cactus Custody.

Deloitte rigorously conducted the audit based on Security, Availability, and Confidentiality, ensuring Cactus Custody’s compliance with these critical standards.

About Cactus Custody

Cactus Custody, founded by Jihan Wu, is a leading institutional digital asset custody provider. As an ISO-certified custodian and a licensed Hong Kong Trust company (License No.: TC006789), with an exemption from regulation by the Monetary Authority of Singapore (MAS), it meets regulatory capital reserve requirements and adheres to the strict anti-money laundering and counter-terrorist financing regulations. Backed by cutting-edge security architecture, Cactus Custody protects client assets in hot and cold storage. It safeguards billions of dollars in digital assets for over 300 institutions, including top-tier mining companies, mining pools, funds, asset management platforms, and OTC traders.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/cactus-custody-completes-soc-2-type-ii-audit-reinforcing-security-standards-in-digital-asset-custody-302287874.html

SOURCE Cactus Custody

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CCTV+: “Opportunities in China”at the Digital Trade Expo

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BEIJING, Oct. 27, 2024 /PRNewswire/ — “Opportunities in China“at the Digital Trade Expo offers a detailed exploration of the Third Global Digital Trade Expo, through the perspectives of a journalist from Kazakhstan, a promoter of Sino-African friendship from Zimbabwe, a second-generation entrepreneur from Thailand, and a Ph.D. researcher in the new media music industry from the UK.

The story highlights Zhejiang’s high-quality development in the private sector and the wealth of opportunities that China has presented to the world.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cctv-opportunities-in-chinaat-the-digital-trade-expo-302288167.html

SOURCE CCTV+

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